IBT Staff Reporter

Asian markets reversed the previous day's hefty gains on Tuesday as a European bailout for Spain's debt-stricken banks failed to convince investors that the spread of the debt crisis in Europe will be halted.

Political and economic decisions over the next week have serious consequences for the country's future.

Standard & Poor's said on Monday that India could become the first of the so-called BRIC economies to lose its investment-grade status, sending the rupee and stocks lower, less than two months after cutting its rating outlook for the country.

African governments -- and international animal-rights organizations -- contend the Chinese luxury consumer's appetite for ivory is driving a new wave of illegal killing of one of their continent's most iconic animals.

Russia and China remain opposed to any external intervention efforts int Syria by foreign countries, even as UN observers come under fire during their investigations of a civilian massacre.

The Shanghai Cooperation Organization, meeting in Beijing, offered statements of support for Teheran. That's bad news for American, and Western, influence in Central Asia

Stocks jumped at the open on Thursday after China's central bank cut bank lending and deposit rates, fueling hopes of simultaneous action to aid a flagging global economy.

LinkedIn confessed it had a data breach that compromised the passwords of some of its members, the social networking site said on Wednesday.

The naval standoff between China and the Philippines is winding down, but the tensions between the two countries aren't -- and Beijing, despite being vastly more powerful, hasn't come away with the upper hand

Thousands of government officials suspected of being corrupt have fled China in the past decade. They've taken billions with them, and have no intention of bringing them back

The European Central Bank is expected to hold back from policy moves when it meets on Wednesday, instead urging governments to address the euro zone's crisis, but it could indicate a readiness to cut interest rates as early as next month given a weakening economy and Spain's banking troubles.

Russia and China strengthen their geopolitical partnership ahead of a major meeting of Eurasia leaders. But rather than love, it may be just a marriage of convenience.

Panetta's speech at the Shangri-La Dialogue in Singapore this past weekend was meant to be about America's grand return to the Pacific. Instead, everyone's attention was on China.

German industrial orders fell at their fastest rate since November 2011 in April as orders from abroad dried up, adding to signs that Europe's largest economy is heading for a slowdown.

Spain said on Tuesday that credit markets were closing to the euro zone's fourth biggest economy as finance chiefs of the Group of Seven major economies were to hold emergency talks on the currency bloc's worsening debt crisis.

Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc, told jurors at the insider-trading trial of one of the investment bank's former directors that all parts of a 2008 board meeting the two attended were confidential.

Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area.

China is boldly heading where few have gone before, but in the opposite direction from where most would imagine.

American military machines are endangered by phony components from China. No one has been hurt yet as a result, but solving the problem will be a herculean task.

Sina Weibo, the popular Chinese social-media network and innovative microblogging service, has been running on new rules to restrict unlawful and disruptive discourse since May 28.

The legal activist gives his first public speaking engagement in America after leaving from China.

India's economic growth slumped to its lowest level in nine years in the first three months of 2012, marking a dramatic slide in the fortunes of a country whose economy was boasting nearly double-digit growth before the global recession.

Another worker riot has flared up in Eastern China, fed by anger and frustration against the government.

Japanese industrial output rose in April at a slower pace than expected, in a discouraging sign that China's slowing economy and Europe's sovereign debt crisis will weigh on Japan's recovery.

J.P. Morgan Chase & Co is spinning off the special investments group from its scandal-plagued chief investment office in a bid to overhaul the division that cost the bank more than $2 billion in trading losses this month, the Financial Times reported.

Ford Motor Co will pursue its boldest attempt yet to tackle a nearly $50 billion risk to its business when it begins offering lump-sum pension payout offers to 98,000 white-collar retirees and former employees this summer.

Can you really protect your allies while still cutting the military? That's the conundrum the U.S. is now facing, even as it talks about pivoting back to Asia and returning in force to the Western Pacific.

The Chinese government says it will allocate the equivalent of $27 billion to renewable energy and energy efficiency programs in 2012, but the battle against the deterioration of China's environment will be a long and tough one.

China and Japan, not exactly the world's best friends, will soon be walking away from the dollar, hand-in-hand. Although the two countries have their share of diplomatic problems, June 1st will mark a historic day in Sino-Japanese relations, as they move to conduct trade directly using their own currencies.